Page 1 of 4 IRC Handout 11/29/2023

Proprietary Transaction Code Modifications (FY 2024) 

Misc. Receipts & Unexpended Appropriations permanently reduce by legislative action

1) A144 To record unexpended appropriations (derived by non-expenditure transfer) permanently

reduced by legislative action in General Fund Treasury Appropriation Fund Symbols (TAFS.)

Comment: Refer to Office of Management and Budget Circular No. A-11 for the definition of reductions. 

Reductions include rescissions, across-the-board reductions, and sequestrations. This transaction applies 

to a permanent reduction. Fund balance must be returned to a miscellaneous receipt account designated 

by OMB on an SF 1151, Non-expenditure Transfer, coded as a capital transfer. Credit USSGL account 

299100 if withdrawal of funds does not occur simultaneously. Note: To return fund balance to the 

miscellaneous receipt account, also post USSGL TC A147.

Budgetary Entry

Debit 445000 Unapportioned – Unexpired Authority

 Credit 439300 Permanent Reduction – Prior-Year Balances

Proprietary Entry

Debit 576600 Non-Expenditure Financing Sources – Transfers Out- Capital Transfers

Debit 310300 Unexpended Appropriations – Transfer-Out

 Credit 101000 Fund Balance With Treasury

Proprietary Transaction Code Additions (FY 2024) 

Misc. Receipts & Unexpended Appropriations permanently reduce by legislative action

1) A203 To record in a miscellaneous receipt Treasury Appropriations Fund Symbol (TAFS) an amount that 

was permanently reduced by legislative action in special or trust Treasury Appropriation Fund Symbols 

(TAFS).

Comment: Also post USSGL TC A134 in the related special or trust TAFS. To record the year end sweep

of a General Fund Receipt Account, see USSGL TC C142 or C147

Budgetary Entry

None

Proprietary Entry

Debit 101000 Fund Balance With Treasury

 Credit 575500 Non-Expenditure Financing Sources – Transfers In- Other
Page 2 of 4 IRC Handout 11/29/2023

Leases determined to be “Capital Leases” per OMB Budgetary Treatment

2) B117 To record the amount of interest a Lessee accrues during an accrual period, per the proprietary 

amortization schedule. The lessee should calculate the amortization of the discount on the lease 

liability and recognize that amount as interest expense for the period. (SFFAS 54, Par. 43) This 

transaction is for leases determined to be “Capital Leases” for budgetary accounting purposes, 

only.

Comment: This transaction is only for leases determined to be “Capital Leases” (per OMB Circular No. A136, Appendix B) for budgetary accounting purposes.

Reference: If funded by a direct appropriation, also post USSGL TC-B134.

Budgetary Entry 

480100 Undelivered Orders – Obligations, Unpaid 

490100 Delivered Orders – Obligations, Unpaid 

Proprietary Entry 

633000 Other Interest Expense 

214000 Accrued Interest Payable – Not Otherwise Classified

Leases Interest Accruals

3) B145 To record the amount of interest a Lessee accrues during an accrual period for a right-to-use 

lease, per the contractually required payment schedule. This lease transaction is for budgetary 

accounting purposes, only.

Comment: This lease transaction is for budgetary accounting purposes, only (per OMB Circular No. A136, Appendix B.)

Budgetary Entry 

480100 Undelivered Orders – Obligations, Unpaid 

490100 Delivered Orders – Obligations, Unpaid 

Proprietary Entry 

None

4) B419 To record the amount of interest a Lessee accrues during an accrual period for a right-to-use 

lease, per the proprietary amortization schedule. This lease transaction is for proprietary accounting 

purposes, only.

Comment: This lease transaction is for proprietary accounting purposes, only. Per SFFAS 54, Par. 43, the 

lessee should calculate the amortization of the discount on the lease liability and recognize that amount 

as interest expense for the period.

Budgetary Entry 

None

Proprietary Entry 

633000 Other Interest Expense

214000 Accrued Interest Payable – Not Otherwise Classified
Page 3 of 4 IRC Handout 11/29/2023

Leases Terminations and Modifications

5) C731 To record a lessee’s full or partial lease termination by reducing the carrying values of the rightto-use lease asset/lease liability and recognizing a respective gain/loss for any differences. 

Comment: If the lease termination is a result of the lessee purchasing the underlying asset from the 

lessor, the lease asset should instead be reclassified to the appropriate PP&E SGL.

Reference: Please refer to definition/scope of lease terminations and the appropriate accounting 

guidance within SFFAS 54, Pars. 80-83.

Budgetary Entry 

None

Proprietary Entry 

293000 Lessee Lease Liability

293010 Unfunded Lease Liability 

195900 Accumulated Amortization on Lessee Lease Assets

721000 Losses on Disposition of Assets - Other

195000 Lessee Right-To-Use Lease Asset

711000 Gains on Disposition of Assets - Other

6) C732 To record a lessee’s lease modification, when an amendment resulting in the modification is 

NOT reported as a separate lease, by remeasuring the lease liability and adjusting the lease 

asset. If the change reduces the carrying value of the lease asset to zero, any remaining amount 

should be reported as a gain.

Comment: If the amendment resulting in the modification is required to be reported as a separate lease, 

do not record this entry; See SFFAS 54, Par. 84.

Reference: Please refer to definition/scope of lease modifications and the appropriate accounting 

guidance within SFFAS 54, Par. 80 & Pars. 84-86. 

Budgetary Entry 

None

Proprietary Entry 

293000 Lessee Lease Liability

293010 Unfunded Lease Liability 

195900 Accumulated Amortization on Lessee Lease Assets

195000 Lessee Right-To-Use Lease Asset

719000 Other Gains
Page 4 of 4 IRC Handout 11/29/2023

7) C733 To record a lessor’s full or partial lease termination by reducing the carrying values of the lease 

receivable and unearned revenue, and recognizing a respective gain/loss for any differences.

Comment: If the lease termination is a result of the lessee purchasing the underlying asset from the 

lessor, the carrying value of the underlying asset should also be derecognized and included in the 

calculation of any gain/loss.

Reference: Please refer to definition/scope of lease terminations and the appropriate accounting 

guidance within SFFAS 54, Pars. 80-83.

Budgetary Entry 

None

Proprietary Entry 

233000 Unearned Lessor Revenue

193900 Allowance for Loss on Lease Receivable

721000 Losses on Disposition of Assets - Other

593900 Contra Revenue for Lessor Lease Revenue

193000 Lessor Lease Receivable

711000 Gains on Disposition of Assets - Other